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Yangzijiang confirms Tiger Group’s order for 14,000TEU ships
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Yangzijiang Shipbuilding has confirmed a much talked-about order from Tiger Group Investments for up to ten 14,000TEU container ships.
China's largest non-state-owned shipbuilder said in...
Lines challenge Aussie port restrictions
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Shipping Australia has criticised port authorities imposing a 14-day ban on vessels calling at Aussie ports, to protect against Covid-19, saying the ban puts...
Distancing emphasised between Heung-A Line and troubled former parent
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The Korea Shipowners’ Association has issued a statement to reassure the market that Heung-A Shipping’s debt restructuring has nothing to do with the liner...
Two trillion-dollar cost for Coronavirus says UNCTAD
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China’s National Bureau of statistics reported a 13.5% year-on-year decline in industrial output in the first two months of 2020, the most substantial contraction...
MABUX bunker index – 17 March
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Oil prices have fallen into the high US$20/bbl range, around US$220/tonne, and in some regions the spread has increased, mainly because the price of...
Government pays to refloat troubled domestic carrier Antong
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Antong Holdings, parent company of Chinese domestic operator Quanzhou Ansheng Shipping, will receive around US$8.4 million in government subsidies, after disclosing estimated losses of...
Miscarriage of HFO lands MSC vessel in hot water
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The United Arab Emirates’ (UAE) Federal Transport Authority (FTA) has said it has forbidden the MSC Joanna to enter its ports for a year...
Maersk launches cargo insurance in Spain
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Danish liner operator Maersk Line has begun to roll out its new line in cargo insurance, offered in collaboration with Zurich Insurance Plc (Zurich)...
Higher profits for Chinese intra-Asia carrier SITC
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SITC International Holdings, the parent of Chinese intra-Asia carrier SITC Container Lines, reports that 2019 profits were up 11% to US$221.5 million as cargo...
China is now the largest container ship-owning nation
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The German Shipowners’ Association (VDR) President Alfred Hartmann has said that China has surpassed Germany as the largest container ship-owning country.
Ship databases corroborate Hartmann’s...
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Maritime Geopolitics is now the market
In the once-quiet engine room of globalization maritime logistics a silent revolution is underway.
According to maritime strategist Punit Oza, advances in port productivity have...
Cavotec unveils flexible shore power solution
Cavotec has launched PowerAlign, a new modular and mobile shore power solution purpose-built for container terminals.
The unveiling took place at TOC Europe 2025 in...
Latvia and Germany strengthen maritime innovation ties
Public and private sector partners from Latvia and Germany have signed a Memorandum of Understandin in Hamburg this week to boost cooperation in digital...
Kota Oasis makes inaugural call at Lomé
PIL has announced that its latest “O”-Class vessel, Kota Oasis, made its inaugural call at the Port of Lomé, Togo.
Following a successful first stop...
